Monthly archive March, 2013

The Euro is looking to revised fourth-quarter Eurozone GDP figures to set the stage for tomorrow’s ECB monetary policy announcement. Talking Points Euro Looks to 4Q GDP Revision to Set the Stage for ECB Rate Decision Australian Dollar Higher in Asia as GDP Read More →

Dollar Threatening Serious Reversal as Dow Index Hits Record High Australian Dollar Rallies Across the Board on Carry Interest, GDP, RBA Canadian Dollar: Why the BoC Rate Decision Could Spark Volatility Japanese Yen Has Flatlined Since Income BoJ Officials Issued Warnings Euro Looks Primed Read More →

Trading the News: Bank of Canada Interest Rate Decision What’s Expected: Time of release: 03/06/2013 15:00 GMT, 10:00 EST Primary Pair Impact: USDCAD Expected: 1.00% Previous: 1.00% DailyFX Forecast: 1.00% Why Is This Event Important: Although the Bank of Canada (BoC) is widely expected to keep the benchmark Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10469.35 10473.62 10435.58 -0.06 70.23% Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is trading 0.13 percent lower from the open, the greenback is paring the decline to 10,435 as the ISM Non-Manufacturing report showed service-based Read More →

Talking Points Euro: EU to Scale Back on Austerity amid Deepening Recession British Pound: BoE Says ‘No Plan’ for Negative Interest Rates U.S. Dollar: ISM Non-Manufacturing to Slow- Fed’s Lacker in Focus Euro: EU to Scale Back on Austerity amid Deepening Recession The EURUSD fell Read More →